The evolution of Cyber Liability and the many areas of exposure it should protect keeps expanding, and US Pro is at the forefront of this evolution each time.
The hottest new coverage is Dependent Business Interruption coverage. As businesses rely more on the digital world to run their operations, it comes with an increasing risk to a loss of income and additional expenses should an interruption occur
Many of today’s policies offer Business Interruption coverage if the interruption is caused by a security breach of their network. However, the coverage does not respond to an interruption of a third party provider’s network which causes an interruption of your customer’s business.
For example, if your customer is contracted with a firm to host its network, website, cloud storage services, etc. and their network gets interrupted, your customer’s operations also come to a halt. In these cases, traditional Business Interruption Coverage will not respond.
With the increasing reliance on other firms to run our own businesses, customers in these kinds of engagements need Dependent Business Interruption coverage. This coverage provides the Insured protection when that third party’s systems are interrupted, minimizing the financial impact of such an event.
Become an Online Cyber Producer!
As America’s Cyber Insurance Expert, US Pro Insurance Services invites you to gain access to online Cyber rating platform which is exclusively available only to US Pro customers!!
This exciting online system allows you to quote the leading Cyber coverage in the country right in your office. Best of all, your customer will enjoy the enhanced coverage benefits of the program.
Are you looking to produce Cyber quotes in less than 2 minutes which you can bind online?
Contact Kevin Sneed at firstname.lastname@example.org to sign up today for this valuable new service offered by US Pro!